Tag: Sovereign Debt Default
Defaults & Stupidity
June 29, 2022
The West has forced Russia into its first foreign debt default since 1918. You really have to wonder exactly how our world leaders rationalize their reasoning....
ECMA Question of Money — Interest & Bankers
September 8, 2015
QUESTION: Mr Armstrong, interesting article today, the story of the store of value (at least long term) has always confused me. One can look at saving accounts...
Q&AGreece 2017 – Sovereign Debt Cycle
June 18, 2015
There is the old saying “Beware of Greeks bearing gifts” refers to the story of the Trojan Horse. Yet in Eastern Europe, because of the defaults of the...
Europe's Economic HistoryThis Time It Is Different
May 27, 2015
For years, I have warned that we will face our worst nightmare – the collapse of socialism. In the death throes of this abomination that even the Ten Commandments...
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